BitCoinGuide

March 28 Bitcoin Bybit chart analysis

Long
BitCoinGuide Updated   
BYBIT:BTCUSD.P   BTCUSD Perpetual Contract
Hello

It's a Bitcoinguide.

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Bitcoin 30-minute chart.
I think the current position will be right in the middle between rising and falling.

Except for the 30-minute chart and 6-hour chart
Based on the signal, there seems to be a high possibility of an increase.
I am also maintaining the 1+4 pattern.

There is a possibility of a vertical decline in Tether dominance.
Even if there is a rebound, the possibility of a sideways movement seems high.
We competed aggressively.


*Red finger movement path

1. $70472.5 chasing buy zone / stop loss when breaking out of the green support line

2. $73,407 long position 1st target -> Good 2nd target -> Great 3rd target

When the red resistance line is broken
Because it is the previous high point breakthrough period.
There may be another fire in altcoins as well.
Let's go with the final target of 76.4K.

From the light blue support line to the orange resistance line at the bottom,
It's a sideways section.

The current position is the resistance line on the 1-hour chart.
Because it is a short position operation period.
If it deviates, it may fall to around Bottom section 4+6.


Please note that my analysis is merely for reference.

I hope you operate safely with principled trading and stop loss required.


thank you
Trade active:
Hello
It's a Bitcoin guide.
I will check the movement after writing the analysis on March 28th.


This is the NASDAQ 30-minute chart.
Major sections are marked with black fingers.
Red finger 18266.4 after long entry
End of extreme sideways trading

Pink resistance line while moving sideways ->
It ended with the purple support line being damaged.
There is no chart movement because it is Easter.
There appears to be some movement starting at 9:30 p.m.
Please note that we will not be conducting a separate Nasdaq analysis today.


Bitcoin 30-minute chart.
Major sections are marked with black fingers.
Red finger after $70472.5 long entry
It broke through the pink resistance line, but unfortunately it was not connected to the upward trend.

Breaking out of the green support line while moving sideways
We have reached the light blue support line that I commented on in the morning.
The strategy is active processing.

Before I knew it, I had come down near the entrance.
It looks like Nasdaq was also affected.
For those who are long, watch the light blue support line as a stop loss standard.

Afterwards, the support line remains the same as yesterday.
You can look at it in the order number 1 -> Bottom.

I have some work to do, so I'll come back after I finish organizing it and write an analysis right away.

thank you
Trade active:

Bitcoin 30-minute chart is a real-time lifeline.
Those who were long yesterday
I think it would be a good idea to maintain a stop loss based on the breakout of the purple support line.

I will proceed with the strategy right away.

go for it

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